Tech Company Financing Transactions
Paribus Funding Round
On 10/7/2015, Paribus raised $2.1 million in financing from General Catalyst Partners, 1/0 Capital and Conversion Capital.
Transaction Overview
Company Name
Announced On
10/7/2015
Transaction Type
Venture Equity
Amount
$2,100,000
Round
Undisclosed
Investors
Proceeds Purpose
Paribus, today a team of five, is expecting to double its headcount by hiring more engineers following the round's close. The team is also preparing to launch a new product next year that will focus on credit card price protection.
Company Information
Company Status
Acquired or Merged
Industry
FinTech
Mailing Address
625 Broadway 2nd Floor
New York, NY 10012
USA
New York, NY 10012
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
The Paribus team brings years of experience in advanced data structures and algorithms, data security and privacy, consumer advocacy, and retail sales. We used to help Fortune 500 companies solve their complex optimization problems. Now, we're out to unleash powerful technology for shoppers everywhere to use.
Management Team
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